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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?

To: C. McD who wrote (2413)	11/17/1998 7:37:00 AM
From: Sigmund	Read Replies (1) \| Respond to of 2752

<<< As a result, beginning Aug. 12, 1998, Tech Squared is accounting for its investment in Digital River as available-for-sale securities, which are valued at $8.75 per share, the closing market price on Sept. 30, 1998. The investment in Digital River is shown on the balance sheet as $27,966,000 at Sept. 30, 1998, vs. $839,000 at Dec. 31, 1997.<<<< They didn't publish the balance sheet or at least I didn't see it but the book value will now be greater than the market price and will go up each quarter if DRIV does also. "Available for sale" and must be exercised by end of 2000. It is like money in the bank.